The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition.

Numerous fashion companies are potentially interested in buying Versace, Miuccia Prada, owner of the Italian luxury group Prada , said on Thursday.

Prada and Capri—also owner of brands including Jimmy Choo and Michael Kors—could finalise a deal for Versace in March, the report said, citing unnamed sources. Talks between t

Prada SpA’s co-owner has hinted that it’s looking at a potential deal to buy Versace but says the brand has also drawn interest from other industry players.

Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions following reports linking it with possible deals for fellow luxury brands Versace and Jimmy Choo.

Robust earnings place the brand in a stronger position to acquire Versace from Capri Holdings.View on euronews

STORY: Prada is getting closer to a deal to acquire Versace from fashion group Capri Holdings. That’s according to weekend reports by Bloomberg. It says a price of about $1.6 billion has been agreed.

Italian luxury fashion house Prada reported a bumper set of results for 2024, defying analysts' expectations and the crisis in luxury markets. This comes on the heels of rumours that it is in talks to purchase Versace.

An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to business cycles, but reviving the targeted brand could take years and hit short-term profits.

Fashion house Prada is rumoured to be willing to pay Capri Holdings €1.5 billion for its Italian rival, Versace.

MILAN (Reuters) - Numerous fashion companies are potentially interested in buying Versace, Miuccia Prada, owner of the Italian luxury group Prada, said on Thursday. Capri Holdings is working with ...

Prada has posted double-digit growth for the fourth consecutive year and is believed to be in talks to acquire the Versace brand, as the fashion house looks to extend its reach